The July 30, 2013 national average price for regular gasoline is $3.62 per gallon, a nickel less than a week ago and the eleventh consecutive daily decline. However, the national price at the pump is still 13 cents more than on July 30, 2012 and is the third highest price on record for this calendar day. U.S. motorists are paying nine cents less than the same day in 2011 and 31 cents less than the all-time record of $3.93 for this date in 2008.
 
With one day remaining in July, the national average has jumped 13 cents on the month to date. This is slightly below the 16 and 17-cent July increases in 2012 and 2011 respectively. While the national average has declined recently, AAA continues to expect that prices will ultimately rise through the end of the busy summer driving season. This increase is expected because of rising summertime demand for gasoline, expensive crude oil prices, and the possibility of refinery glitches or supply disruptions from Gulf Coast hurricanes.
 
West Texas Intermediate (WTI) crude oil prices have pulled back somewhat from the 16-month high of $108.05 per barrel on July 19, however they remain elevated due to positive signs for the global economy, continued unrest in Egypt and new reports of violence in Libya. Egypt is not a major oil producer; however it does have control over both the Suez Canal and Sumed Pipeline, which are key points of transit

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